From a blog reader and bettor "What bothers me is a $10,000 payoff is being reported as 100,000 and the vast majority of horseplayers believe it is actually paying $100,000. I am trying to eliminate the posting of bull sh** payouts!"
We see it constantly in racing. A super pool has $10,000 and it is hit for a dime, so the payoffs are reported as a "$100,000" winner.
In fact, a release issued here, reported "A massive Pick 4 payout of $81,057.75 on Friday night highlighted this past week of racing at Woodbine Racetrack."
They have not had $81,000 in a pick 4 pool since - I don't even know that they ever had. The money up for grabs in this specific pool was (after takeout) about $17,000.
Would a lottery, who has $1 ticket increments be able to report a payoff for 50 cents at double the lottery pool? I doubt it. I agree with the reader that racing should change this disingenuous practice. If you have to hoodwink people to get them in the door, your business is not worth the paper you wrote the press release on.
Most Trafficked, Last 12 Months
-
Welcome to the 8th edition of the Monday Super Spectacular Blog! It was Preakness week and frankly instead of a horse racing pool, next yea... -
Last week's inaugural Super Spectacular Monday Blog got a lot of hits, and not just from Russian bots (although cпасибо to all Russian r... -
I continue to be fascinated with both the press and general football fan reaction to the Bill Belichick 4th down decision in Sunday's ga...
-
On the Harness Edge this morning, I see that there is a story up about the BCSA offering their members up for driver and trainer interviews ...
-
Welcome to the Super Spectacular Blog Vol 5 . Thanks for reading and sharing this disorganized barrage of thoughts and links each week. Ti... -
We'll all remember Memorial Day '24 because of the Met Mile as the day Ray Cotolo dressed up like a hot dog. Hope @RayCotolo au... -
Last night's Uncle Bill twitter spaces, where TVG's Fanduel's Mike Joyce joined some raucous horseplayers was, well, kind of in...
-
I was outside awhile back and noticed some kids playing with the pigskin. They flipped me the ball and I sent one kid on a fly pattern. I ga...
1 comment:
The tracks should not deceive people but part of the problem is the multiple levels of minimum bets on the various exotics (and even straight wagers). I for one, have said they should report Superfectas at a $1 base instead of a dime because often a dime payoff is pitiful; sometimes less than $20.00.
What should happen is tracks should be required to report payoffs based on a dollar. If a wager is not hit at the base rate, then show the reduced amount wagered.
Think about it. If someone saw they won $10,000 on a dime, people will be a running.
Post a Comment